During a typical-style TV marathon appearance, the Venezuelan President raises the specter of expropriating water-bottling companies in Venezuela. In his usual bombastic style, Chávez alleges that private companies “own the water” in Venezuela. The fact is that water in Venezuela is completely managed by the State. The State then provides concessions to private companies to bottle water and sell it throughout the country. Despite an attempt by the Venezuelan Environmental Minister to correct him, Chávez ignores the facts and continues his rant against water bottling companies. Watch the video below.